Intermediate Accounting

Nov 22nd, 2015
Price: $10 USD

Question description

Only one to two paragraphs please:

Intermediate Accounting I – Disscussion

"Statement of Cash Flows" Please respond to the following:

·  From the e-Activity, compare the major similarities and differences between IFRS and GAAP in regard to authoritative guidance of the statement of cash flows. Identify two (2) differences in IFRS and GAAP, and suggest to the IFRS board which GAAP technique it should implement. Explain the primary way in which the differences you selected will benefit financial statement users.

·  Compare and contrast each of the types of financial statements: balance sheet, income statement, and statement of cash flows. Give your opinion of the statement that is most useful to creditors. Provide at least two (2) specific examples of such usefulness to creditors.

·  e-acivity - Go to the International Financial Reporting Standards (IFRS) Website to review authoritative guidance of the statement of cash flows, located at To find literature on authoritative guidance, in the search engine type in “statement of cash flows” Be prepared to discuss.

Tutor Answer

(Top Tutor) gundo
School: Rice University

Studypool has helped 1,244,100 students

Review from student
" Excellent job "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1827 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors